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Noninvasive Treatment Provider Neuronetics Agrees To Merge With Canadian Firm Greenbrook TMS; Reports Q2 Earnings And Guidance Below Expectations

Benzinga

Additionally, the combined company expects mid-teens year-over-year revenue growth in fiscal years 2025 and 2026. Through optimizing marketing spend and back office functions, the combined company expects to realize at least $15 million of annualized cost savings, most of which will be realized in fiscal year 2025.

EBITDA 52
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Sports Betting: FanDuel Parent Wields M&A To Expand

Global Finance

Snaitech generated $285 million of adjusted EBITDA in 2023 and NSX is expected to report $34 million of adjusted EBITDA for 2024, according to New York-based investment bank Needham & Company. This isn’t the first time Flutter has turned to mergers and acquisitions to push further into international markets.

EBITDA 75
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Parsons Completes Acquisition of BCC Engineering

Benzinga

The acquisition strengthens Parsons' position as an infrastructure leader while expanding the company's reach in the Southeastern United States, an area where the Infrastructure Investment and Jobs Act (IIJA) provided approximately $100 billion in Federal Highway Administration formula dollars for fiscal years 2022-2026.

EBITDA 40
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Bel Announces Agreement to Acquire Enercon Technologies

Benzinga

Bel will acquire an 80% stake upfront for $320 million in cash (subject to customary adjustments), plus up to $10 million of potential earnout payments for the 2025-2026 period, with the intent to purchase the remaining 20% by early 2027 based on future EBITDA performance. and Adjusted EBITDA margin of 32.5%

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Altus Group Announces Agreement to Sell Property Tax Business to Ryan, LLC

Benzinga

In addition to the definitive agreement, Ryan has also committed to enter a C$15 million Altus Market Insights subscription agreement at the close of the transaction, with an initial three-year term of C$5 million per year. 2023 Adjusted EBITDA multiple for the business segment and over 16x 2023 Free Cash Flow* (over 14x net proceeds).

EBITDA 45
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Standard BioTools Reports Third Quarter 2024 Financial Results

Benzinga

Last quarter, we announced the acceleration of our anticipated $80 million of merger synergies into 2025, contributing to a 50% improvement in adjusted EBITDA year over year, keeping us on track toward achieving our break-even adjusted EBITDA target in 2026." million, versus an adjusted EBITDA loss of $28.2

EBITDA 40
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KRONOS WORLDWIDE, INC. ANNOUNCES ACQUISITION OF JOINT VENTURE INTEREST, AMENDMENT TO REVOLVING CREDIT FACILITY AND QUARTERLY DIVIDEND

Benzinga

Kronos may continue to evaluate and explore additional financing opportunities, subject to market conditions. Buch, Kronos Chief Executive Officer. Kronos will report LPC as a wholly-owned subsidiary beginning with its third quarter Form 10-Q filing.